The electric car brand Polestar aims to increase its annual sales to 290,000 vehicles by the end of 2025 with expansion in existing and new markets and the introduction of three new models. By the end of 2023, Polestar should already be present in 30 markets – currently there are 14.
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In Luqiao, China Polestar has kicked-off series production of the Polestar 2 BEV. The Volvo subsidiary’s all-electric car is to be launched on the European market first, with deliveries planned to start summer 2020 before coming to the US and China.
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Volvo’s electric car brand Polestar registered a wholly-owned subsidiary in Shanghai on 11 March. Polestar calls its China spin-off Jixing Automobile and has tasked it with the wholesale and retail of vehicles and auto parts.
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Volvo’s electric car subsidiary Polestar opened its first production facility today. At the new facility in Chengdu, China, the 441 kW Polestar 1 PHEV coupe is manufactured for China and export markets.
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Polestar has established a new R&D centre for future electric vehicles in Coventry, England. At the new British location, the Volvo electric brand will initially employ around 60 engineers to support the development of vehicles beyond the Polestar 3.
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Volvo’s electronic performance brand Polestar has finally begun making their first vehicle, the Polestar 1, which they had introduced a year ago. Yesterday, Polestar announced having completed 34 of the electric supercars in Sweden – as a handmade series for testing.
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The Swedish brand is advancing its transition into a premium plug-in label fast as Volvo aims for fully electric cars to account for half of its total sales by 2025. This builds on their plans that new models released from 2019 will be electrified in some form.
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Polestar 1, the first model to be made by Volvo’s EV label, is now available for pre-order in 18 countries. When placing their reservation, potential customers can use a configurator to visually render their purchase.
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Shortly after having been established as brand for electric cars, Volvo subsidiary Polestar has kicked off construction works for its production facility in the Chinese city of Chengdu. Opening of the plant is scheduled for mid-2018.
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